October 30 (SeeNews) - Bulgaria's consolidated budget had a deficit of 552.3 million levs ($418 million/282.4 million euro) through September, Finance Ministry data showed on Friday.
This compared with a consolidated budget surplus of some 5.0 billion levs in the first nine months of 2008.
The country's consolidated budget showed a deficit of 478.7 million levs through August 2009.
Details follow (in millions of levs):
|
Jan-Sept'09 |
Jan-Sept'08 |
2008 |
GOVERNMENT BUDGET |
|
|
|
Revenue |
12,252.2 |
14,404.2 |
18,645.5 |
Spending |
6,023.2 |
9,878.2 |
9,160.1 |
Net Transfers |
-5,665.0 |
4,595.1 |
7,128.5 |
deficit(-)/surplus(+) |
31.6 |
+4,047.2 |
+1,636.8 |
CONSOLIDATED STATE BUDGET |
|
|
|
Revenue |
18,525.3 |
20,852 |
27,317.0 |
Spending |
18,545.1 |
15,397.3 |
24,595.7 |
Net Transfers |
0.0 |
0.0 |
0.0 |
- transfers to EU budget |
532.4 |
-461 |
720.1 |
deficit(-)/surplus(+) |
552.3 |
+4,975.9 |
+2,001.1 |
Finance Minister Simeon Dyankov has said that the centre-right government led by Prime Minister Boyko Borisov, which ousted from power a Socialist-led tripartite coalition in July, will aim for a balanced budget or a budget gap equivalent to some 0.5% of the gross domestic product this year.
The country ended 2008 with a budget surplus equivalent to 3.0% of gross domestic product.
(1 euro = 1.95583 Bulgarian levs)